4/14 was the GLD CIT for bottom. The time series is for GLD which opened on 4/15. Sunday CIT reflected on Monday CLOSE for GLD.GOLD at a major bottom and highly likely that monthly lows in May through July period will be higher lows. July is when momentum will hit ... Read More
Tag: rajacar
28
Nov2011
The news headlines have been fixated on the debt drama unfolding inEurope. It’s important that we give some thought to this since it paves the groundwork for the upcoming 120-year cycle bottom in 2014 and will increasingly play a bigger role in the financial market in 2012 and beyond.
CNBC ran ... Read More
November 28, 2011chanakya
08
Nov2011
Gold is in a bull market and so are the gold stocks despite their struggle as a group to outperform Gold. This is nothing new though. We’ve written about this in the past and Steve Saville has before us. Nevertheless, the miners are in a secular bull market and investors ... Read More
November 8, 2011chanakya
07
Nov2011
Long-term cycles vs. short-term market potential
A reader has asked the following question, which addresses a problem confronting many investors right now:
“I always appreciate the Kress Cycle analysis. Yet, I must say that I am confused. For quite some time, you have talked about the ‘hard down’ phase and the topping ... Read More
November 7, 2011chanakya
03
Nov2011
Is the consumer spending surge a “dance of death”?
The latest economic headline came as a surprise to the pundits, though it actually makes perfect sense from a psychological standpoint. On Friday the Associated Press informed us of “Americans spending more with income almost flat,” per the headline. At first glance ... Read More
November 3, 2011chanakya
18
Jun2010
SPX right at critical down channel resistance.
There is a triple cluster geometric CIT at 6/18-21 and a Solar CIT on 6/22.
There is also a Sun Jupiter square early am 6/23 that should be watched closely.
6/21-22 should be an important turn.
For today, 6/18 there is a double hourly CIT ... Read More
June 18, 2010chanakya
06
Feb2010
The Gold index has 2 Major CITs coming up:2/9** and 3/8-9**.
If Gold is closely related to the stock markets, they will influence them as well. Cash Gold has Major support at the 1000 area, which is the 50% retrace and TL support.
The US$ Dollar Monthly chart is still in a long term ... Read More
February 6, 2010chanakya
27
Jan2010
Today, 1/27/10 was the next Master Cycle (MC) swing Low. The Price target given was 1079-1085 SPX (see chart). We were looking for a reversal Up today.
The markets made a 1083.11 SPX Low, right in the target zone, right in the 1/27 double geometric and Solar timing CIT ( I love these solar CITs ... Read More
January 27, 2010chanakya